Question 36 Chapter 5 of +2-B – USHA Publication 12 Class

Q-36- CH-5 Book 2 - Usha Publisher +2 Book 2019 - Solution

Question 36 Chapter 5 of +2-B

Cash Flow From investing Activities

36. (Cash Flow from Investing Activities/Sale of Plant at Profit) A company had the following balances :

 ₹ Plant Opening 5,00,000 Plant Closing 7,00,000

During the year 30% of the plant was sold at 30% profit on cost.
Calculate cash flow from investing activities.

The solution of Question 36 Chapter 5 of +2-B: –

 Cash Flow from investing activities Particulars Rs Inflow from Sale of Plant 1,95,000 Less: Outflow from the purchase of Plant* (3,50,000) Cash Flow from Operating activities (1,55,000)

Working Note

 Plant Account Particulars Amount ₹ Particulars Amount ₹ To Balance b/d 5,00,000 By Bank A/c-Sale 1,95,000 To Statement of Profit and Loss-Profit on Sale 45,000 (3,50,000) To Bank –Purchase (Bal. fig.) 3,50,000 By Balance c/d 7,00,000 8,95,000 8,95,000

Also, Check out the solved question of previous Chapters: –

Usha Publication – Accountancy PSEB (Class 12) – Volume II – Solution

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